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BY Mildred Europa Taylor, 10:00am January 04, 2019,

6 amazing African inventions grip the attention of UK’s Royal Academy of Engineering

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by Mildred Europa Taylor, 10:00am January 04, 2019,
6 amazing African inventions grip the attention of UK's Royal Academy of Engineering
Chukwunonso Arinze. Pic credit: Twitter (JuakaliSmart)

Kaoshi

An online platform that exchanges currencies peer-to-peer instead of through banks, eliminating bank charges and long queues. Introduced by Chukwunonso Arinze, a 25-year-old mechanical engineer and physicist from Nigeria, Kaoshi enables one to send money at their own user-defined exchange rate. Basically, if someone matches your offer, your money is sent. Unlike banks and money transfer companies that take several days, the money is sent within hours once a match is made.

Last Edited by:Nduta Waweru Updated: January 5, 2019

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